Ironore is the building block of industrialized economies and the key ingredient for steel-making that underpins almost all aspects of human activity, infrastructure and standard of living.
What is Iron Ore
Iron ore is any rock that contains a usable quantity of iron. Common iron ore minerals include hematite, magnetite, limonite, and siderite. These are frequently found together with assorted silicates. Although iron does not occur in its pure form in nature, some kinds of iron ore contain up to 70% iron atoms. Iron ore consists of oxygen and iron atoms bonded together into molecules. To create pure iron, one must deoxygenate the ore, leaving only iron atoms behind. That is the essence of the refining process.
Its Uses and Consumption
Iron ores are typically used for the production of steel and steel is used to make automobiles, locomotives, ships, beams used in buildings, furniture, paper clips, tools, reinforcing rods for concrete, bicycles, and thousands of other items. Some types of iron ores according the variety of ores have some special uses / applications in industry.
Iron Ore Mining
Iron ore is mined using either the open pit method or the underground. The open pit is done by extracting the mineral from the earth by removal from an open pit and it is used when the iron ore mineral is near the surface. The underground method is used when mining iron by excavating the iron body which is made horizontally and tunnels can be used which circles the flank of the mineral and start with box cut and the walls are made strong for safety.
With rising iron ore prices, price margin at mine operators has increased significantly. Annual growth rate of investment on ferrous metallurgy is over 20%, and existing capacities under construction are as high as 100 billion mt.
Iron ore prices climbed to historical high during the first quarter of 2012. Although debt crisis in the US and EU gave a blow on financial market and slightly depressed iron ore prices, iron ore prices have been remaining at relatively high level. Volatility in iron ore prices continues to create major concerns for world’s leading consumers which in tern affect the other sectors that use iron ores.
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Why work with More Than Conquerors Company? The reasons are many.
Today, many organizations are under extreme pressure to d optimize Commodity Sourcing in mining and exporting them to different parts of the world. Mining and exporting minerals needs companies to improve and manage the available resources by focusing energy on the core competencies of the technologies and achieving a more efficient service/product at a lower cost and with quality products.
More Than Conquerors Company is committed in providing our clients the basic function as international mining and exporting specialist role we perform virtually to every activity necessary to assure the quality mining and exportation and purchasing at the most favorable price, quality and conditions from the first step in mining and delivery point to final destination port at the lowest cost in the shortest possible time.
In this rapidly changing mining and export world more than Conquerors Company strongly believed that we bring value to our clients by maximizing cost-effective solutions in exporting the commodities among other services that entail the overall process involved in our transactions. We align ourselves with reliable partners who provide effective services both locally and internationally.
As a company providing mining and export services for our clients, we continually maintain existing and develop new supply relationships, while performing extensive due-diligence on our suppliers to maximize buy-side resources while insuring service performance and total customer satisfaction, thereby lowering the cost of each transaction.
By way of introduction our business operates in many areas and we have a reliable and regular client base that has been developed over the past years based on our performance and service levels and most importantly our quality commodities that are useful min their different works. We work with different types of clients and in all this our attention to mine the products and products we offer continues to be a major factor in building our reputation and our ever increasing client and partner relationships. We have direct relationships with minerals and exportation systems. Our reputation with both the service providers and the clients is very important to us and we will not compromise this under any circumstance and our policy of partnerships is very clear. In simple terms we work to achieve sustainable long term business relationships which benefit our clients and our partners.
Currently we have long-term contracts obligation of mining the commodities and in particular in ore which has many reliable product across the world and the clients have faith in our delivery systems.